OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

JMO,,,but gold crashes like this along with the stock mkt…so I think any rally this a.m. in stocks

Posted by Richard640 @ 8:24 on June 17, 2021  

to unch or actually green might be the last chance to get long vol…[I already am long but will add]….quad witch tomorrow…so maaaaybe the SM chops and slops till then…bur should be going down hard Sunday nite/monday morn…DYOD

The FED=What could go wrong with keeping the accelerator floored for one or two more years as we fly through those curves in the road? Makes sense to everyone, right?

Buygold @ 7:55

Posted by ipso facto @ 8:21 on June 17, 2021  

It doesn’t appear that today is turnaround day … I may need some medicinal substances to cope.

buygold

Posted by Maddog @ 8:15 on June 17, 2021  

the scum/fed are all over these mkts…u have seen the move in rates….the 2 to 10’s shot up…but the scum have crushed the 30’s, barely any rise….thus keeping the yield curve way less than it should be as the 10’s have risen less than the 5 ‘s etc in percentage terms…and thus making the overall reaction look far less threatening.

The games continue.

R640 – maybe

Posted by Buygold @ 8:10 on June 17, 2021  

Right now the 82nd airborne will defend him and his type….

If I were Powell and the Demonrats, I would not be 100% sure about that at all. High ranking officers who hope to be political appointees may try but the lower level officers and enlisted men are completely different animals.

Especially if these audits in Arizona show that the entire election was fraudulent. JMHO.

The slaughter continues

Posted by Buygold @ 8:04 on June 17, 2021  

but it hasn’t affected inventory or premiums.

https://www.golddealer.com/product-category/products-2/bullion/silver-bullion-coins-bars/

Paper markets are still disconnected from reality.

.A ZH READER=.if the inflation gets out of control….see Germany 1932

Posted by Richard640 @ 8:02 on June 17, 2021  

Since inflation is already rolling….adding all this additional cash to the economy on top of parts and commodity shortages and you’ve got the conditions for an inflation that even the dufus in the Eccles building cannot ignore. He’ll have to hit the brakes hard or go down in history as the dunce that lost it. Running around fighting deflation while inflation kicks him in the nuts. Just the opposite of 1929. With inflation embedded the danger becomes that central banks drop the dollar as a reserve (with our 800 billion deficit in the current account opening the door) and the dollar takes a dive in spite of higher rates. Inflation goes wild and fed rams a 3% increase in within a day. Causing the 29 scenario.
Bottom line….avoid all this and rise the rates to inflation level…soon. Unfortunately our fed chair is a political man….and not a patriot. Right now the 82nd airborne will defend him and his type….if the inflation gets out of control….see Germany 1932

Ipso, Commish

Posted by Buygold @ 7:55 on June 17, 2021  

Ipso – ” The decline in gold and the PM shares lays the ground for a new higher rise IMO. Hopefully starting soon!”

I hope you’re right about that, the Fed is no doubt bluffing and rates are down a couple bps this am. The Fed will kill the SM if they raise. Unfortunately the USD is on the march higher. This reminds me a lot of the way things were before Trump – stairs up, elevator down.

Commish – great pic as usual!

 

 

Ororeef

Posted by goldielocks @ 1:01 on June 17, 2021  

Moratoriums on rent are set to expire at the end of this month.
I don’t see sleepy Biden’s squad making any plans for the possibilities of mass eviction. His blatant neglect of the borders dropping off thousands of people all over the US to try to turn red states blue will make things worse. Maybe these young and brain washed will finally wake up to the hypocrisy as well as the reality the demos aren’t worried about making Americans they are hired to serve a priority.
If they had any brains instead of hot heads and personal self interest with a comparison to nazism they could of created a better balance between social programs and capitalism. But instead they want to lean to nazism and dictatorship.
Your right say nothing and watch more of their own party turn against them when they run out of other peoples money.
While so many were taking a long rent holiday rents have been moving up that’s to these companies buying up millions of properties. It will likely cost them more trying to move somewhere else they can’t afford.
I’m guessing some could of paid with their unemployment checks but didn’t thinking the Gov would just bail them out.

WE COULD

Posted by Ororeef @ 0:01 on June 17, 2021  

end up with HYPER inflation and then a DICTATOR to fix the problem,just like Germany did.  !   Fed head will do nothing since he wants RE APPOINTMENT .Its been politicized..He will do nothing that risks get reappointed..With all the dangers of HYPER INFLATION the wage earners will never keep up and they will riot ,steal ,rob if they have to especially if FOOD gets out of reach .Back rents will not be paid ,evictions will cause riots. Students will join the fracas since they are smart and know its their debt forever ..Subsidy checks are being ended ,they will be told to accept whatever job thats offered even though they know it will not be enough. They been conditioned to think Government will rescue them ,but it wont because they know wage inflation is a killer politically .Blame someone ..anyone …Blaming TRUMP will fall on deaf ears…They will want revenge !   ARM yourself ,harden your house to break ins.  Know your neighbors and watch each others house …! SUBSIDIES will go from too Much to too Little as it will be no political advantage anymore ..no votes to buy.Democrats are in office ..Republicans need do NOTHING just watch Democrats commit suicide ….with SLEEPY JOE and Laughing stock Harris .”Every people get the Government it deserves” ..Michiavelli ….

JUST keep your mouth shut and buy Gold ..dont give them any excuse to blame GOLD BUGS .They will try….

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.